Transfer rejected from Columbia and Cornell. How to rebound?

Dear WSO,

The title says it. I have a 4.0 GPA with two internships in finance. Deadset in my career and worked my ass off to get a half-ride scholarship (which is the full amount for an international student here ar a state uni). Still waiting for NYU Econ and Michigan Econ, but honestly, I don't know. To get a STEM major, I have to choose NYU Econ and it seems to be agreed upon here that NYU Econ is just way too expensive a semi-target (if it is at all) lol. I know it's too early to whine about anything but now that I have these rejections at hand and don't have a clear picture of my future path, I feel like I'm lost.

Looking for any advice. Thanks.

I'm a newbie to America and started here in January this year.

P.S. Yes I am Asian. Prestige kinda does matter when I go back to Korea. My family is not wealthy enough to be just cool about NYU tuition.

 

Interesting to see your background sounds almost identical to me lol. I am set to transfer because I want to be surrounded by intelligently challenging people and course works let alone my higher chance for IB/MC on the Street. Plus, I don't think I can get a better experience given that I will need a visa sponsor to work. Basically, big companies throw international students' resumes away because of that (source from Baird HR and NWM HR). My current ER internship is also an unpaid one.

 
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Transferring in general is hard. This is especially true for Cornell and Columbia. I think you made a mistake by not applying to more schools. I had a 4.00 GPA as well and applied to 10-15 schools (Cornell being one of them). I am sure there's a bunch more schools you could've applied to.

Anyhow, to help you with your current situation. If you are a transfer the odds are that at NYU/Michigan you would only have to complete 4-5 more semesters. That is still a lot of money but will be manageable with an IB salary after graduation. If you are only a freshman then don't worry too much and focus on applying again next year.

At the end of the day those schools are notoriously hard, even with a 4.00. At the time I applied, the only kids I saw get into those schools were those who already had their own thriving business, or had achieved something similarly amazing.

 

Did you get in any of the lists? Plus, if you did, did you have no problem getting an offer there? I'm still unsure about the timing. Considering IB recruiting is becoming earlier, I feel like transfer should be done asap.

 

Transferring to a target is unnecessary. I started out in community college and then transferred to Ohio State after my freshman year. Many opportunities exist outside of the ivies. In my fisher futures class alone we got 95% placement (one kid in honors accounting went to Deloitte) including 2 GS offers, 1 CS, 3 citi offers, JPM, UBS is now a target starting next year for Chicago office, multiple Cain bros offers, key is a target, 2 Evercore offers, 1 Lazard offer, 2 RBC offers, 1 Piper offer, William Blair has two reserved spots a year although the ones that got interviews in my class went to other banks this year, 2 Houlihan offers + 1 in RX, a Jefferies offer, and there is a lot more that I'm forgetting and again this just from my class alone (2021). OSU Fisher is rising fast thru the FF program. Even if you don't get into FF banking is totally possible from outside the program.

https://fisher.osu.edu/careers-recruiting/students... US News recently ranked fisher at #10 undergraduate finance program right behind Kelley. It is a great education for the price, truly great value especially if you are in state. To be honest however, we are not near the level of Kelley, Northwestern, or Michigan (ew) yet for IB recruiting, but in 5-8 years I see the futures program growing to 60+ students. Might not be a horrible option for you if you feel lost and are looking to save some money. I'm not sure where you're going to school now, but honestly networking is the most important thing.

 

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